StockNews.com Begins Coverage on China Natural Resources (NASDAQ:CHNR)

Stock analysts at StockNews.com initiated coverage on shares of China Natural Resources (NASDAQ:CHNR) in a report released on Tuesday. The brokerage set a “sell” rating on the basic materials company’s stock.

China Natural Resources Stock Performance

Shares of CHNR opened at $0.57 on Tuesday. The company has a 50-day moving average price of $0.59 and a two-hundred day moving average price of $0.64. China Natural Resources has a 12 month low of $0.51 and a 12 month high of $1.43.

China Natural Resources Company Profile

China Natural Resources, Inc, through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China. It explores for lead, silver, and other nonferrous metals. The company holds interest in the Moruogu Tong mine that covers an area of 7.81 square kilometers located in Bayannaoer City, Inner Mongolia.